Oil prices rise amid Iran tensions, bonds face volatility
pre-market1 source ↓written by the desknot a recommendation
- climbing
- 1.77%
- per barrel
- $111.16
Oil prices surged on Monday, with Brent crude climbing 1.77% to $111.16 per barrel, driven by escalating tensions in the Middle East. This rise comes as peace talks between the US and Iran stall, raising inflation concerns and speculation about potential interest rate hikes by central banks. Global bonds experienced volatility amid these developments.
Not investment advice. For informational purposes only.